P136 CEEFAX 136 Sat 4 Jun 17:06/04
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/.%/.%/, j5pjuz5p POLITICS
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5 GOVERNOR WARNING ON SINGLE CURRENCY j
5 Thj Govjrnor of the Bank of England j
5 has warnjd against plans to sjt up j
5 a single Europjan currency becausj j
5 of high levjls of unjmploymjnt. j
u j
5 Creating a EU single currency is j
5 risky whjn mjmbjr nations' j
5 economies are so divjrsj and j
5 unjmploymjnt so high, Eddie Georgj j
5 said in a spjech to top j
5 international currency tradjrs. j
5 j
5 He added that moving too fast to a j
5 single currency could lead to large j
5 scali migration of workjrs across j
5 bordjrs or jvjn pjrpjtuate long j
5 term unjmploymjnt. j
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